Edmonton Journal

Albertans can now apply for cannabis retail licence

- EMMA GRANEY egraney@postmedia.com twitter.com/EmmaLGrane­y

The Alberta Gaming and Liquor Commission has yet to see a flood of retail cannabis applicatio­ns after they opened Tuesday morning.

There are a few in St. Albert and a handful in Calgary, with rural AGLC offices seeing virtually zero.

Still, that’s what the regulator forecast. Now it awaits the 250 or so applicatio­ns it expects to get over the next 12 months.

Spokeswoma­n Michelle HynesDawso­n said Tuesday it will likely take anywhere from two to four months for retailers to get a licence, depending on the complexity of the applicatio­n.

Hynes-Dawson said AGLC has received a constant stream of calls asking for more informatio­n about cannabis sales. When applicatio­n forms and more informatio­n went online last month, even more people got in touch.

There is no cap on retail cannabis licences in Alberta, but no single person or entity can hold more than 15 per cent of licences in the province.

AGLC workers will review each applicatio­n with a fine-tooth comb, doing background checks and looking over ownership structures to ensure everything is above board for each retailer.

And just because you’re first to submit your applicatio­n, doesn’t mean you’ll be first to get a licence.

“Every applicant is different, so it will depend on the complexity, the ownership structure,” HynesDawso­n said.

Each applicatio­n costs $400 along with a $3,000 due diligence deposit. The annual licensing fee will be $700.

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